U.S. stocks closed Friday, with most Bitcoin miner stocks rising. Miners Core Scientific, Iris Energy, Clean Spark and Marathon were among the best performers.
Despite a power outage last month due to extreme temperatures in Texas, Core Scientific shares rose 10.65% after announcing a 10.4% month-on-month increase in Bitcoin mined in July. Shares of Iris Energy were also up 7.00%, followed by Clean Spark (+6.15%) and Marathon (+5.59%).
Argo’s Bitcoin production also increased by 22.4% in July, however, the company’s shares fell 1.96% on the London Stock Exchange and 0.4% on the Nasdaq. Here’s how crypto miners’ stocks performed on Friday.